New Delhi: Mumbai Indians have officially confirmed the high-profile trade involving Hardik Pandya and Arshdeep Singh ahead of next week’s Indian Premier League (IPL) retention deadline. Hardik will join Punjab Kings for ₹18 crore, while left arm pacer Arshdeep Singh moves to Mumbai Indians on his existing ₹18 crore contract.
The development brings an end to weeks of speculation surrounding Hardik’s future with Mumbai Indians. The all rounder will receive a pay hike from his previous salary of ₹16.35 crore as he begins a new chapter with Punjab Kings.
Arshdeep, meanwhile, returns to a familiar competitive environment at a different franchise after spending eight seasons with Punjab Kings. He made his IPL debut for the team in 2019 and gradually established himself as one of the league’s leading left arm fast bowlers.
With 111 wickets in 96 IPL matches, Arshdeep is Punjab Kings’ all time leading wicket taker. His arrival is expected to strengthen Mumbai’s pace attack alongside Jasprit Bumrah.
Hardik’s second stint with Mumbai Indians, which lasted three seasons, produced mixed results. He scored 647 runs in 39 matches at an average of 21.53 and a strike rate of 147.82, while also claiming 29 wickets at an average of over 34.
Under his captaincy, Mumbai reached the playoffs in the 2025 season but finished ninth in both the 2024 and 2026 campaigns.
Arshdeep’s move also means he will now share the dressing room with established Mumbai stars Rohit Sharma, Suryakumar Yadav and Jasprit Bumrah.
The blockbuster exchange marks a significant development ahead of the upcoming IPL season, with both franchises looking to strengthen their squad combinations and improve their prospects in the tournament.
